Massive Increases of Electricity Charges Loom Ahead in Brazil

With this measure, consumers will pay part of the additional costs when energy becomes more expensive due to a lack of rainfall.

By Xiu Ying, Contributing Reporter

RIO DE JANEIRO, BRAZIL - A new resolution issued by the National Electric Energy Agency (Aneel) increased the value of tariff brackets, which are designated by colored flags on electricity bills. The move will raise the price of electricity throughout the country.

The yellow flag went from R$1.00 to R$1.50 per 100 kWh consumed - an increase of 50 percent. The red flag for level 1 increased from R$3 to R$4 - a 33.3 percent increase and the red flag level 2 had a 20 percent increase -- from R$5 to . . .

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